http://finance.yahoo.com/rss/blogs/author/aaron-task/ en-US Copyright (c) 2012 Yahoo! Inc. All rights reserved Tue, 22 May 2012 15:04:21 -0400 5 http://finance.yahoo.com/rss/blogs/author/aaron-task/ http://l.yimg.com/a/i/us/nws/th/main_142c.gif Follow The Daily Ticker on Facebook! Jamie Dimon was not on Capitol Hill Tuesday but he and JPMorgan's big loss were center stage at a Senate Banking Committee hearing. "The company's massive trading loss is a stark reminder of the financial crisis of 2008 and the necessity of Wall Street reform," said Committee Chairman Tim [...]http://finance.yahoo.com/blogs/daily-ticker/jpmorgan-wild-crazy-insane-gamble-puts-global-economy-190421884.htmlTue, 22 May 2012 15:04:21 -0400blogs/daily-ticker/jpmorgan-wild-crazy-insane-gamble-puts-global-economy-190421884Follow The Daily Ticker on Facebook! Every time oil and gas prices jump, as they have in the past year, a great cry goes up: If only America had an energy policy. Well, we do have an "energy policy," it's just being directed by ExxonMobil (XOM), not Washington, D.C., according to Steve Coll, president of [...]http://finance.yahoo.com/blogs/daily-ticker/u-energy-policy-brought-exxonmobil-124630698.htmlTue, 22 May 2012 08:46:30 -0400blogs/daily-ticker/u-energy-policy-brought-exxonmobil-124630698With the glaring exception of Facebook, stocks rose modestly Monday morning amid hopes global policymakers will try to stimulate growth rather than focusing on austerity. At Saturday's meeting at Camp David, G-8 leaders stressed their "imperative is to promote growth and jobs." Separately, and perhaps more importantly, Chinese Premier Wen Jiabao declared this weekend "to [...]http://finance.yahoo.com/blogs/daily-ticker/hope-more-bailouts-boosts-global-stocks-t-save-155131908.htmlMon, 21 May 2012 11:51:31 -0400blogs/daily-ticker/hope-more-bailouts-boosts-global-stocks-t-save-155131908As part of our live coverage of Facebook's (FB) IPO Friday morning, I put in some limit orders to buy the stock. I wanted to have some 'skin in the game' and have the same experience as our viewers. What I experienced was a few minutes of terror, followed by relief and then frustration; in [...]http://finance.yahoo.com/blogs/daily-ticker/crisis-meltdown-nasdaq-mars-facebook-ipo-202529614.htmlFri, 18 May 2012 16:25:29 -0400blogs/daily-ticker/crisis-meltdown-nasdaq-mars-facebook-ipo-202529614It's been a tough week for the stock market, which is ending on a desultory note as Facebook's (FB) much-hyped IPO struggled. After pricing at $38 per share last night, underwriters were forced to delay the opening trade in Facebook Friday morning by about 30 minutes due to what the Nasdaq called "an issue in [...]http://finance.yahoo.com/blogs/daily-ticker/facebook-ipo-latest-blow-investor-confidence-193257574.htmlFri, 18 May 2012 15:32:57 -0400blogs/daily-ticker/facebook-ipo-latest-blow-investor-confidence-193257574When JPMorgan announced a big trading loss last week, chairman and CEO Jamie Dimon said (among other things): "We'll admit it, we'll learn from it, we'll fix it and we'll move on." But JPMorgan can't move on because fixing the problem is proving extremely difficult -- and the losses are mounting, now reportedly approaching $3 [...]http://finance.yahoo.com/blogs/daily-ticker/getting-worse-why-jpmorgan-struggling-move-bad-trade-175817773.htmlThu, 17 May 2012 13:58:17 -0400blogs/daily-ticker/getting-worse-why-jpmorgan-struggling-move-bad-trade-175817773Follow The Daily Ticker on Facebook! Oil prices have tumbled in recent weeks as concerns over Iran's nuclear ambitions have taken a backseat to worries about Europe's debt crisis and the slowing global economy. But talks between Iran and U.N. negotiators continue and, despite reports of progress, the outcome is far from certain. In the [...]http://finance.yahoo.com/blogs/daily-ticker/iran-nukes-not-going-anything-ian-bremmer-131747056.htmlThu, 17 May 2012 09:17:47 -0400blogs/daily-ticker/iran-nukes-not-going-anything-ian-bremmer-131747056Follow The Daily Ticker on Facebook! Earlier this month, Harvard Professor Martin Feldstein generated some headlines after declaring on Bloomberg TV "that this is a bubble in the stock market created by low long-term interest rates that the Fed has engineered." Two weeks later, "a lot of air has come out of the stock market" [...]http://finance.yahoo.com/blogs/daily-ticker/marty-feldstein-more-air-going-come-stock-market-114307713.htmlWed, 16 May 2012 07:43:07 -0400blogs/daily-ticker/marty-feldstein-more-air-going-come-stock-market-114307713Follow The Daily Ticker on Facebook! J.C. Penney (JCP) shares tumbled Wednesday after the retailer reported a much wider-than-expected first-quarter loss, suspended its dividend and saw weakness across all core metrics. In an apparent rebuke to new CEO Ron Johnson's strategy to change the company's focus from discounts to everyday low prices, total sales fell [...]http://finance.yahoo.com/blogs/daily-ticker/j-c-penney-sears-ron-johnson-done-incalculable-160736591.htmlWed, 16 May 2012 12:07:36 -0400blogs/daily-ticker/j-c-penney-sears-ron-johnson-done-incalculable-160736591Follow The Daily Ticker on Facebook! The fallout from JPMorgan Chase's $2 billion trading loss continues. Following yesterday's departure of three high-ranking execs, including CIO Ina Drew, the focus is now shifting to the firm's chairman and CEO Jamie Dimon. At Tuesday's annual shareholder meeting in Tampa, there was a proposal on the ballot to [...]http://finance.yahoo.com/blogs/daily-ticker/dimon-rough-jpm-chief-faces-angry-shareholders-spitzer-153025440.htmlTue, 15 May 2012 11:30:25 -0400blogs/daily-ticker/dimon-rough-jpm-chief-faces-angry-shareholders-spitzer-153025440